The clown show just keeps rolling down the tracks. If they would actually try to unwind their balance sheet it would force rates to raise and all hell would break lose. The pressure the public is facing b/c of our dead economy coupled with the weakening dollar and stagnant wages is at the precipice of really starting to be felt by many in this country. The cheap money and credit policies of the Fed is them simply trying to keep the charade going as long as they can. If they can't keep the debt train going, the train goes off the tracks. Do we see 40 year mortgages? 10-12 year auto loans? Helicopter money in the form of a living wage? The zombie apocalypse is unfortunately alive and well.
Greg we will share this across the world wide web in as many sites as we can under many tags as we can so that as many people in the world can see this and we upvoted and resteemed it too
Hey Greg, one of the other items I am following is UST being held by the Fed. As of 8/2 it shows 2,465,195M being held which is a very significant increase since the beginning of the year. I have not done the full spreadsheet on this so this part of what I will say next is not quotable. It appears that the primary buyer of all new treasuries being issued by the Treasury is the Fed, which means the rally in bonds is being driven by an 'expansion' of the Fed balance sheet. How in the heck can they say they want to normalize if they are expanding? Go figure! Anyways, I went short at 2490 so I am feeling no pain. I am expecting a healthy pull-back to 2100 before we get a bounce, but that is IMHO as we may get another PPT rescue.
I do not understand what central banks like the Fed are thinking. Sure money printing goes to all sectors of the economy and we get investments. However, without proper interest rate signals we have mal-investment which usually leads to over-capacity, which leads to supply gluts which puts pressures on pricing. So you get a temporary sugar high but then the hangover is brutal.
As a sidenote, if Greg did in fact crap out of his SLV short and then re-enters the short within 30 days he wiped out his ability to write off any loss he incurred because of I.R.S. tax loss rules for stock traders. He most definitely incurred major losses onthat short as he was telling us he was short even as SLV was trading near 15.50. If he did not have confidence in teh trade he should have never entered it in the first place. I am alos short (and losing BIGLY) SLV. I happen to like the short even better now. So I will simply add to it and even if my previous short ends up a loser I will then be able to write off the loss plus enjoy the gain on the new entry. Greg never discusses the rammifications of closing a loser and then getting back into the same trade if you are trading outside of a tax exempt trading account. And it is an important thing to consider so I figgerd I'd cover it.
Melt that Dollar. I am ready for a new system and ready for a real monetary system that can be fair. Of course, I am not sure if that will happen...but I think Blockchain is where its at.
I agree. The FED is not going to reduce that Balance Sheet. They will eventually add to it...can you say QE4!!!
Rate Hike in Sept or Dec and then Lowers in 2018
The Cryptocurrency Challenge:
There are 4 Cryptos that people can bet on the Daily High for that day and earn 50% of the posts (SBD):
[BTC, LTC, STEEM, & ETH]. Everyday is a new Challenge. @revelationquotes
You are a tad early on UVXY, but follow me on my "VIX mythical $1000 trading blog" and you will be able to add to that UVXY short at purt near the eggzact time.
Just go to my blog here and click on my "replies" list. My VIX blog is pretty far down my list so it will be easier to find my VIX short call by tracking my replies today. I did bump up my SLV and DUST blogs as I will be posting trades there today in all likelihood. Not sure if the VIX gets doneski today. I'd say there's 90% chance it won't happen today. There's a nonconfirmed low on SVXY (trades opposite UVXY) at $71...spot dead on. That "might be" the target for this move in SVXY.
The computers are now setting up the UVXY 39.54 high as teh final high that needs to be breached. The "best" way to play the coming rally is actually via a long position in IWM call options as it has the most upside (Russell 2000) of any of teh major indicies. I'll be spewing my long trade in IWM at my blog too.
Great video. Silver is up. It could correct, but long term I am very bullish. It was great play. Unfortunately I miss my short on S&P 500. It was about time for market to correct.
Greg, you said it! This economy is a Frankenstein! So here's the link to Queen Under pressure because the images in this clip represents your analysis! (Every time you say that, I watch the images of this song) Keep saying the truth! Become your own central bank! Cheers
That the federal reserve is stuck is by no means news. They have been painting themselves into a corner for a decade now. It's really just a matter of when.
I'm glad to hear you bring in the geopolitical landscape into your discussion. Sure, you can't know events ahead of time, but you can anticipate them based on analysis. I too am going to be making a move more towards the sidelines.
Good call on continuing to accumulate silver (the stuff you can hold in your hands) in this environment.
I share your belief about the balance sheet, but not about inflation.
However, I remember what Lindsey Williams said about the elites' telling you in front their future actions, so they may reduce it slightly after all, however it does not bode well with their statements about inflation.
I am still with you with your previous call on North Korea's influence on markets.
They are controlled and rigged by the Federal Reserve for the corporate and private powers that it supports.
If NK will cause a significant correction, it will only be if "The Powers That Should not Be" reversed their position, and they will only do so if they know they get backed up by the Federal Reserve, which means hawkish Fed.
The fed is trying to buy time for the imf. IMF is rolling out a new reserve currency. It is a block chain token called acc and when it rolls out our slavery will be complete.
Please get this message out. Share resteem the only way to stop it is if enough people know about it.
This post has been ranked within the top 25 most undervalued posts in the second half of Aug 10. We estimate that this post is undervalued by $45.45 as compared to a scenario in which every voter had an equal say.
Agreed on silver.....bad mental image of Janet the "Sweat Hog" Yellen with sweat pouring out every part of her body. I might have a hard time falling asleep tonight with the thought of that nasty sweat-stained creature roaming around my mind.
The clown show just keeps rolling down the tracks. If they would actually try to unwind their balance sheet it would force rates to raise and all hell would break lose. The pressure the public is facing b/c of our dead economy coupled with the weakening dollar and stagnant wages is at the precipice of really starting to be felt by many in this country. The cheap money and credit policies of the Fed is them simply trying to keep the charade going as long as they can. If they can't keep the debt train going, the train goes off the tracks. Do we see 40 year mortgages? 10-12 year auto loans? Helicopter money in the form of a living wage? The zombie apocalypse is unfortunately alive and well.
The Fed has painted itself into a corner.
OMG, the reset is going to be brutal. So many people just don't have a clue.
Now may be the best time ever to stack silver.
upvoted and resteemed. thanks for the blog
Greg we will share this across the world wide web in as many sites as we can under many tags as we can so that as many people in the world can see this and we upvoted and resteemed it too
Hey Greg, one of the other items I am following is UST being held by the Fed. As of 8/2 it shows 2,465,195M being held which is a very significant increase since the beginning of the year. I have not done the full spreadsheet on this so this part of what I will say next is not quotable. It appears that the primary buyer of all new treasuries being issued by the Treasury is the Fed, which means the rally in bonds is being driven by an 'expansion' of the Fed balance sheet. How in the heck can they say they want to normalize if they are expanding? Go figure! Anyways, I went short at 2490 so I am feeling no pain. I am expecting a healthy pull-back to 2100 before we get a bounce, but that is IMHO as we may get another PPT rescue.
I do not understand what central banks like the Fed are thinking. Sure money printing goes to all sectors of the economy and we get investments. However, without proper interest rate signals we have mal-investment which usually leads to over-capacity, which leads to supply gluts which puts pressures on pricing. So you get a temporary sugar high but then the hangover is brutal.
Janet Yellen
Her temperature is swellen
Sweat beads on her forehead
Her plan is definitely dead.
As always Greg, Keep up the GREAT work!! Steem on!! Upvoted. :C)
look at the bright side Gold and silver is up
As far as we "know"...Greg is still short SLV...which happens to be the "correct" trade...cept he doesn't know it yet. :-)
As a sidenote, if Greg did in fact crap out of his SLV short and then re-enters the short within 30 days he wiped out his ability to write off any loss he incurred because of I.R.S. tax loss rules for stock traders. He most definitely incurred major losses onthat short as he was telling us he was short even as SLV was trading near 15.50. If he did not have confidence in teh trade he should have never entered it in the first place. I am alos short (and losing BIGLY) SLV. I happen to like the short even better now. So I will simply add to it and even if my previous short ends up a loser I will then be able to write off the loss plus enjoy the gain on the new entry. Greg never discusses the rammifications of closing a loser and then getting back into the same trade if you are trading outside of a tax exempt trading account. And it is an important thing to consider so I figgerd I'd cover it.
Thank you
very nice video
best of luck for ur great work for all traders
thanx greg sir for this new video to tell in details
Doggam she's sexy. :O Janet looks worried though. Did you say something to her, Greg? :-)
Upvoted & Resteemed.
Once again great stuff.
THE FED IS STUCK!!!
Good video We are taught when to stop and walk, in conquering dollars, thank you
Melt that Dollar. I am ready for a new system and ready for a real monetary system that can be fair. Of course, I am not sure if that will happen...but I think Blockchain is where its at.
good work sir specially today,,bcz ur 3rd post in this day and u share many knowledge with us
I agree. The FED is not going to reduce that Balance Sheet. They will eventually add to it...can you say QE4!!!
Rate Hike in Sept or Dec and then Lowers in 2018
The Cryptocurrency Challenge:
There are 4 Cryptos that people can bet on the Daily High for that day and earn 50% of the posts (SBD):
[BTC, LTC, STEEM, & ETH]. Everyday is a new Challenge. @revelationquotes
Geopolitical events are leading to a Black Swan the way the market is leading.
I'm not sure how far down before the PPT steps in.
$1300 Gold soon!
Sounds much better to be a swing trader then a day trader. Keep us informed.
I went long and bot some UVXY PUTS.
You are a tad early on UVXY, but follow me on my "VIX mythical $1000 trading blog" and you will be able to add to that UVXY short at purt near the eggzact time.
I have been trading uvxy for a few years now. what is the url for your blog?
Just go to my blog here and click on my "replies" list. My VIX blog is pretty far down my list so it will be easier to find my VIX short call by tracking my replies today. I did bump up my SLV and DUST blogs as I will be posting trades there today in all likelihood. Not sure if the VIX gets doneski today. I'd say there's 90% chance it won't happen today. There's a nonconfirmed low on SVXY (trades opposite UVXY) at $71...spot dead on. That "might be" the target for this move in SVXY.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=svxy&x=41&y=15&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Hitting "major" oversold right now but whatever the low is that leads to a little bounce...it won't be the "final" low.
The computers are now setting up the UVXY 39.54 high as teh final high that needs to be breached. The "best" way to play the coming rally is actually via a long position in IWM call options as it has the most upside (Russell 2000) of any of teh major indicies. I'll be spewing my long trade in IWM at my blog too.
I will short tvix ;)
Looks like my SVXY target of $71 is going to be spot on. Already there in after hours trading I'm wreckin.
Thank - you Greg.
whats for scalping trades ur opinions in eur usd usd gbp
Scalping can't be planned. Just an opportunity presents itself spontaneously.
Great video. Silver is up. It could correct, but long term I am very bullish. It was great play. Unfortunately I miss my short on S&P 500. It was about time for market to correct.
Best of luck Good Work.......... @marketreport
Thanks Greg. I have a feeling that Ms Yellen is going to head for a new job.
Why would they raise rates if their inflation target has NOT been met? And why would you exit this market when you could go short?
Greg, you said it! This economy is a Frankenstein! So here's the link to Queen Under pressure because the images in this clip represents your analysis! (Every time you say that, I watch the images of this song) Keep saying the truth! Become your own central bank! Cheers
I take it you are glad you didn't go long RGR? :-)
I'm long with my personal arsenal! ;-)
Beans and bullets, baby! That's my mah toe! :O
That the federal reserve is stuck is by no means news. They have been painting themselves into a corner for a decade now. It's really just a matter of when.
I'm glad to hear you bring in the geopolitical landscape into your discussion. Sure, you can't know events ahead of time, but you can anticipate them based on analysis. I too am going to be making a move more towards the sidelines.
Good call on continuing to accumulate silver (the stuff you can hold in your hands) in this environment.
I share your belief about the balance sheet, but not about inflation.
However, I remember what Lindsey Williams said about the elites' telling you in front their future actions, so they may reduce it slightly after all, however it does not bode well with their statements about inflation.
I am still with you with your previous call on North Korea's influence on markets.
They are controlled and rigged by the Federal Reserve for the corporate and private powers that it supports.
If NK will cause a significant correction, it will only be if "The Powers That Should not Be" reversed their position, and they will only do so if they know they get backed up by the Federal Reserve, which means hawkish Fed.
they want to control the show regardless how horrible the outcome is Thanks Greg! ROAR!
Greg are the fed soft or do they know exactly what they are doing, is it possible they have a alternative motive?
Thanks fr the update greg always appreciated
Thanks Greg, that picture of the fed chair looks like a rat in a corner.
you truly a genius man
Yes, I would imagine she is sweating pretty heavy right now.
The fed is trying to buy time for the imf. IMF is rolling out a new reserve currency. It is a block chain token called acc and when it rolls out our slavery will be complete.
Please get this message out. Share resteem the only way to stop it is if enough people know about it.
Making me sick thinking of a sweating Janice yellen? Eeek!
Nice work
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Just the thought, I'm scarred for life!
This market is in for some fire and fury lol
Agreed on silver.....bad mental image of Janet the "Sweat Hog" Yellen with sweat pouring out every part of her body. I might have a hard time falling asleep tonight with the thought of that nasty sweat-stained creature roaming around my mind.